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What's Happening Now

Joint Venture board adds Google, Silicon Valley Bank executives

headshot headshotNovember 18, 2016 – The Joint Venture board of directors today elected Google government affairs and public policy manager Javier Gonzalez and Silicon Valley Bank’s head of corporate social affairs Craig Robinson as its newest members.

Gonzalez has a broad range of experience in government and legislative advocacy in the Bay Area, Silicon Valley and Sacramento. Robinson has been with SVB eight years, previously serving as Head of Enterprise Risk Management and CRA Officer.

Read the news release.

Peninsula economy update: Job growth and more residents worsen housing shortage, transportation

report coverNovember 21, 2016 – Sustained economic growth has brought a surge of jobs and residents to the San Francisco Peninsula, exacerbating the area’s lack of housing and transportation challenges, Joint Venture Silicon Valley’s Institute for Regional Studies has reported.

The region’s unemployment rate has fallen below four percent – levels not seen since the dot com peak in 2000 – and poverty rates are well below state and national levels, according to the report.

Read the news release.

Download the full report.

Job growth, rising home prices increase Silicon Valley megacommuting

line chartNovember 21, 2016 – Silicon Valley’s economic boom is forcing greater numbers of solo drivers to endure megacommutes of 90 minutes or more to work, the Joint Venture Silicon Valley Institute for Regional Studies determined in a recent report.

The Institute found that 5.3% of Silicon Valley workers in 2015 were megacommuters, up from 3% in 2011. They are coming primarily from Alameda County (18.4%), San Francisco (19.8%), and San Joaquin County (13.1%).

Read the news release.

Meet Kailesh Karavadra, Ernst & Young LLP

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Office Managing Partner, Ernst & Young LLP (EY), and Joint Venture Board Member

Just about now, as the calendar turns to December, Kailesh Karavadra will be shaving off his “Movember” beard, ending his first venture into the annual event that encourages men to sprout facial hair during the month of November to raise awareness for men’s health issues.

For Karavadra, the managing partner of Ernst & Young’s San Jose office and a Joint Venture board member, the global Movember cause has been a “growth” experience in more ways than one. 

Read Kailesh's profile.

Mobility project wins $1 million federal grant

cars in trafficOctober 18, 2016 - A regional consortium of stakeholders has teamed up to win a $1 million federal grant for a demonstration project to reduce single-occupant vehicle driving from 75 percent to 50 percent in the Bay area using commuter trip reduction software, a multimodal trip planning app and workplace parking rebates, the City of Palo Alto and Joint Venture Silicon Valley announced today.

The grant is for the Bay Area Fair Value Commuting Demonstration project, part of the U.S. Department of Transportation’s Mobility on Demand initiative. The initiative is designed to help communities nationwide incorporate the latest technology into their public transit services, including first/last mile connections, smart congestion management, improved shuttle services and more.

Read the news release. | Learn more about the Managers Mobility Partnership.

Silicon Valley Indicators

indicators home page Did you know you can get comprehensive information and data about the economic and community health of Silicon Valley any time by visiting the online home of the Silicon Valley Index at www.siliconvalleyindicators.org?

The site is maintained and constantly updated by Joint Venture's Silicon Valley Institute for Regional Studies and is a robust collection of charts and information with links to local, regional and national data sources, and resources for additional information within each of the indicator categories: People, Economy, Society, Place and Governance.

Download the 2016 Silicon Valley Index.


Monthly Investors Council Spotlight

Building Trades logo Foster City logo green and white logo

Joint Venture's Investors Council welcomes dozens of public and private organizations and foundations supporting our initiatives and programs. The Investors Council currently includes more than 100 private organizations, 56 public entities and 13 foundations.

Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page. To see our current investors, visit our investors pages.

What is Joint Venture Silicon Valley?

Established in 1993, Joint Venture brings together Silicon Valley’s established and emerging leaders—from business, government, academia, labor and the broader community—to spotlight issues and work toward innovative solutions. In this short video see what Silicon Valley leaders have to say about the organization.

Contact Us

Joint Venture Silicon Valley
100 West San Fernando Street
Suite 310
San Jose, CA 95113 (View Map)

(408) 298-9330

Come Visit Us!

Location & Entrances

100 West San Fernando Street is on the south side of City View Plaza in downtown San Jose, between Almaden Boulevard and South Market Street.

There are entrances on West San Fernando Street and from the center courtyard of City View Plaza.

Parking

Parking in the building is accessible by entering the parking garage on West San Fernando Street, Park Avenue, or Almaden Boulevard.

Please be advised the garage is frequently filled to capacity early in the day and finding an open spot can be quite difficult. Further, the rates are expensive and, regrettably, Joint Venture is unable to provide parking validation or discounts.

Additional public parking is located on the surrounding streets and in several indoor public-parking structures in the vicinity marked by neon signs indicating the location and number of parking spots available.

We encourage your use of public transportation:

VTA Light Rail and Buses – Our building is served by VTA Light Rail along First Street and by VTA Bus routes 22, 23, 63, 64, 65 and 81.

CalTrain and Amtrak – CalTrain and Amtrak passengers may disembark at the San Jose Stations across from the HP Pavilion and walk east on West San Fernando.

If you choose to drive:

From the South Bay:
Take U.S. 101 North to Highway 85 North to Highway 87 North (Guadalupe Parkway)
Exit Highway 87 North at Santa Clara Street
At the stop light, turn right on Santa Clara
Turn right on Almaden Boulevard
Turn left on West San Fernando

From the North Bay:
Take U.S. 101 South to Highway 87 South (Guadalupe Parkway)
Take exit 6B for West Julian Street toward St. James Street
Turn left on St. James to Market Street
Turn right on Market to West San Fernando
Turn right on West San Fernando

From the Peninsula:
Take Interstate 280 South to Highway 87 (Guadalupe Parkway)
Bear left onto Highway 87 North
Exit Highway 87 North at Santa Clara Street
At the stop light, turn right on Santa Clara
Turn right on Almaden Boulevard
Turn left on West San Fernando

From the East Bay:
Take Interstate 880 South
Take exit at North First Street toward Downtown
Turn right on North Julian Street
Turn left on North Market Street
Turn right on West San Fernando

From the West Valley:
Take Interstate 17 North/880 North to Interstate 280 South
Exit onto Highway 87 (Guadalupe Parkway)
Bear left onto Highway 87 North
Exit Highway 87 North at Santa Clara Street
At the stop light, turn right on Santa Clara
Turn right on Almaden Boulevard
Turn left on West San Fernando

In The News

November 29, 2106 - (Mountain View Voice) - Federal Grant Aims to Boost Valley's Traffic Reduction Efforts: "The project summary submitted by Joint Venture and Palo Alto notes that Fair Value Commuting program is about 40 percent of the way to becoming a 'robust, scalable solution.'" More

November 25, 2016 - (VOA Cambodia) - The Cambodians at the Heart of the Technology Revolution: "According to recent census data compiled by the Silicon Valley Institute for Regional Studies, more than a third of its working residents are foreign-born, much higher than the national average of about 13 percent." More

November 17, 2016 - (Bloomberg) - China's Internet Moguls See Chance to Capitalize on Era of Trump: "...about two-thirds of people working in computing and mathematics fields are foreign-born, according to a study by Joint Venture Silicon Valley using 2014 government data." More

November 14, 2016 - (Straits Times) - Silicon Valley in Jitters - Anti-immigration Stance Could hurt Growth: "In two Silicon Valley counties, about two-thirds of people working in computing and mathematics fields are foreign-born, according to a study by research firm Joint Venture Silicon Valley, using 2014 US government data." More

November 12, 2016 - (India Economic Times) - Why Donald Trump victory may close the tap on future Nadellas & Pichais: "In two Silicon Valley counties, about two-thirds of people working in computing and mathematics fields are foreign-born, according to a study by research firm Joint Venture Silicon Valley using 2014 US government data." More

November 11, 2016 - (Computer Weekly) - Could a Trump Presidency Lead to an Independent California?: "In certain parts of the valley, for example, as many as two-thirds of people working in STEM fields are foreign-born, according to a study from Joint Venture Silicon Valley." More

November 10, 2016 - (Silicon Valley Business Journal) - Cook, Zuckerberg, Other Tech Execs Reassure Workers About Trump: "Last year, 36.3 percent of people living in Silicon Valley were born outside the U.S., according to the latest estimate from Joint Venture Silicon Valley." More

November 9, 2016 - (Bloomberg.com) - Trump Win is Silicon Valley's Loss on Immigration: 'In two Silicon Valley counties, about two-thirds of people working in computing and mathematics fields are foreign-born, according to a study by research firm Joint Venture Silicon Valley using 2014 U.S. government data." More.

November 5, 2016 - (Los Angeles Times) - LA Now: The Megacommute Has Taken Over the Bay Area: “'It shows how hot our economy is, but it also shows how bad our housing and traffic problems are,' said Russell Hancock, president of Joint Venture Silicon Valley." More

November 3, 2016 - (CBS SF Bay Area) - Peninsula 60,000 Housing Units Short, Report Says: "The report by the Joint Venture Silicon Valley’s Institute for Regional Studies said the region ... is short 60,000 housing units, a problem exacerbated in the last year by the addition of 65,600 jobs and 39,800 residents." More

November 3, 2016 - (NBC Bay Area) - "Silicon Valley Megacommute Averages 90 Minutes, Worse Than LA: "(Jon Haveman's) study was released this week in conjunction with the Joint Venture Silicon Valley Institute for Regional Studies." More.

November 2, 2016 - (San Jose Mercury News) - Shocking new studies: Silicon Valley’s ‘megacommute’ even worse than L.A.: '“This is a sad tale,' said Russell Hancock, president of Joint Venture Silicon Valley. “It shows how hot our economy is, but it also shows how bad our housing and traffic problems are.” Joint Venture’s Institute for Regional Studies released the two reports." More.

November 2, 2016 - (Silicon Valley Business Journal) - "Megacommutes" on the Rise in Silicon Valley: "A new report from Joint Venture Silicon Valley's Institute for Regional Studies found that 5.3 percent of Silicon Valley workers qualify as megacommuters, up from 3 percent in 2011." More.